Saudi Arabian oil giant Aramco has launched a promotional campaign aimed at expanding its retail fuel footprint in Metro Manila. The world’s largest oil exporter, which recently re-entered the Philippines’ downstream sector, is partnering with warehouse retailer S&R Membership Shopping and...
More businesses, freelancers, and professionals are looking for work environments that offer flexibility and convenience. Meeting this need, work.able Iloilo has opened as the largest flexible workspace in Western Visayas, with Robinsons Land Corporation (RLC) providing a dedicated hub for work,...
Zobel-led Ayala Corp. reported that A.P. Moller Capital-Emerging Markets Infrastructure Fund II has completed its strategic investment in AC Logistics Holdings Corp., an Ayala subsidiary and a leading integrated logistics provider in the Philippines. Following the satisfaction of the closing...
Tightened rules and stricter oversight of the gaming sector may have hampered efforts to recover revenues lost in previous quarters, but global credit rating agency S&P Global Ratings said a more supportive visa policy and the rebound in online gambling could help gaming operators bounce back in...
Philippine manufacturing activity improved for a second straight month in June as stronger domestic demand supported new orders and production, although business confidence fell to its lowest level in five months as firms remained wary after recent cost pressures. In a report on Wednesday, July 1,...
Eight emerging market (EM) economies, including the Philippines, are likely to suffer the severe effects of El Niño, S&P Global Ratings projected, warning that below-average rainfall could significantly affect water and electricity supply, as well as rice and corn production. “Drought conditions...
Foreign Affairs Secretary Ma. Theresa P. Lazaro reaffirmed that the Department of Foreign Affairs (DFA) remains the primary agency responsible for implementing President Ferdinand Marcos Jr. 's foreign policy, stressing that the Philippines must "speak with one voice" in its engagement with...
The Gokongwei Group’s real estate arm, Robinsons Land Corp. (RLC), is injecting six malls worth ₱10.6 billion into its real estate investment trust, RL Commercial REIT, Inc. (RCR), via its next wave of asset-for-share swaps. In a disclosure to the Philippine Stock Exchange (PSE), RCR said its...
With Mynt-GCash racing to become the first Philippine financial technology (fintech) initial public offering (IPO) to raise $1 billion and sister company Vitro Inc. also seeking approval for a ₱24-billion real estate investment trust (REIT) stock market debut, market experts are weighing whether...
China Bank Savings Inc., the thrift retail banking arm of Sy-led China Banking Corp., plans to push forward with its brick-and-mortar expansion, leaning on wider consumer margins to buffer against persistent inflation and elevated global interest rates. James Christian Dee, CBS president, said the...
BINI member Aiah Arceta has addressed speculation linking her to actor and singer Kyle Echarri. Rumors surfaced after a TikTok video showed Aiah and Kyle at Mactan-Cebu International Airport. The buzz grew further when photos circulated online showing Kyle joining Aiah and several companions during...
Philippine manufacturing activity returned to growth in May as output and new orders recovered, but factories continued to shed jobs while cost pressures intensified amid supply-chain disruptions and the prolonged war in the Middle East, S&P Global said. In a report on Monday, June 1, S&P Global...
